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New York City officials are experimenting with a new way to fund social programs normally paid for with tax dollars. New York City officials say the prison intervention program could keep many of the nearly four thousand adolescent males that enter the jail system each year from returning. WNYC's Colby Hamilton reports Goldman Sachs is set to make a nearly $10 million investment in a social impact bond.

In North Dakota it's felt like -51 degrees. Folks in Cleveland woke up today to wind chills of -10 degrees and lower. The frigid air stretches east into New England and south into the mid-Atlantic. Tell us, how cold is it for you?

Thousands of demonstrators took to the street to protest the presidency of Hosni Mubarak. Some said the revolution's promise of change hasn't materialized.

A new study looking at mass shootings in 25 states found that high-capacity magazines and assault weapons make shootings 54 percent deadlier.

A famed library and research center held books and manuscripts dating back to the 13th century. Residents say Islamist radicals torched them before fleeing the town.

The president will take the oath of office and deliver his second inaugural address at midday. We'll be live blogging. Among the highlights: The president's remarks, which are due to begin at noon ET; performances by singers James Taylor, Kelly Clarkson and Beyonce; inaugural poet Richard Blanco.

NASA's Wallops Flight Facility is scheduled to launch a sounding rocket that will release "two red-colored lithium vapor trails in space." Weather permitting, they might be visible across the Eastern Seaboard.

It's been a big day for Serena Williams. First, she started the day by winning her first individual Olympic gold medal. Then she won a chance for another gold in women's doubles, playing with her sister, Venus. The pair defeated the Russian team of Nadia Petrova and Maria Kirilenko.

On a 27-second call to police, at least 30 shots can be heard in the background. James Holmes is charged in the murders of 12 people and the wounding of dozens in a movie theater.

The non-partisan budget office also estimated that repealing "Obamacare" would increase the deficit by $109 billion.